Reports and Surveys | April 12, 2022

Well-Funded Multiemployer Pension Plans Improved Benefits

Financially troubled multiemployer pension plans continue to be the focus of attention, particularly now that they may be eligible to apply for PBGC special financial assistance (SFA). Despite that understandable spotlight, it’s important to keep in mind that most plans are not in critical and declining status (i.e., facing insolvency).

In fact, many strong multiemployer pension plans have improved benefits over the past three years.

To see a snapshot of data from our latest survey, download an infographic.

Get the Infographic

Attending Meeting In Factory Download Now

Is your board considering making benefit improvements?

We can help you evaluate your plan’s financial health and the affordability of benefit improvements. Let's Talk.

We value your privacy. We'll never share your data with anybody.

Segal’s Winter 2022 Survey of Plans’ Zone Status

The 283 plans included in this survey are those with plan years that range from January 1 to July 1.

As a group, these plans have more than $215 billion in assets, provide benefits to just over 3.5 million participants and represent approximately one-third of all participants in multiemployer plans.

The 2021 zone-status certifications for the plans in the survey reflect investment performance before the current market volatility and geopolitical uncertainty.

 

See more insights

ATC IT Summit 2022

Navigating the New Normal

Attending the IT Summit will help inspire new ideas, reveal new strategies, enhance your knowledge and boost your professional skills. Register today.
Mature Couple Controling Home Finances

Due Dates for DC Plan Lifetime Illustrations Approaching

Learn more about the annuity illustrations due dates and how it might affect your plans.
Child Sick Visiting The Doctor Via Telehealth

Health Plan News Q2 2022

Learn about how the COVID-19 pandemic disrupted medical costs and utilization trends.

This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.

Don't miss out. Join 16,000 others who already get the latest insights from Segal.